Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Thursday, 9 October 2014

#dax $dax


 
Been a very bouncy day. Banked shorts there at 8950 on break of yesterday's low and will come back to this tomorrow.





Recall, the daily chart is pushing the volatility channel and is now showing positive divergence. A move back to the MyWave spine is to be expected, at some point.
 
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